Egypt Short Term Interest Rate

2001 - 2024 | Monthly | % pa | Central Bank of Egypt

Key information about Egypt Short Term Interest Rate

  • Egypt Short Term Interest Rate: Monthly Average: Interbank Rate: Overnight was reported at 21.18 % pa in Feb 2024, compared with 19.32 % pa in the previous month.
  • Egypt Short Term Interest Rate data is updated monthly, available from Jan 2001 to Feb 2024.
  • The data reached an all-time high of 21.18 % pa in Feb 2024 and a record low of 3.80 % pa in Oct 2002.
  • Short Term Interest Rate is reported by reported by Central Bank of Egypt.

Starting in March 2003, Average Interbank Rate replaced the Cairo Interbank Offered Rate (CAIBOR). Interbank rate is considered to be a better measurement of market developments because of its wider coverage of commercial, specialized and investment banks.
  • The cash rate (Policy Rate: Month End: Discount Rate) was set at 21.75 % pa in Feb 2024.
  • Egypt Exchange Rate against USD averaged 30.89 (USD/EGP) in Jun 2023.
  • View Egypt's Short Term Interest Rate from Jan 2001 to Feb 2024 in the chart:

    Egypt Short Term Interest Rate

    What was Egypt's Short Term Interest Rate in Feb 2024?

    Egypt Short Term Interest Rate: Monthly Average: Interbank Rate: Overnight was reported at 21.18 % pa in Feb 2024, compared with 19.32 % pa in the previous month. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    21.18 Feb 2024 19.32 Jan 2024 3.80 Oct 2002 21.18 Feb 2024 % pa monthly Jan 2001 - Feb 2024

    Short Term Interest Rate by Country Comparison

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    Includes Short Term Interest Rate on 99 economies standardised by CEIC. Instant access to full history data in excel.
    country/region Last Frequency Range
    Albania (% pa) 3.00 Sep 2023 monthly Jan 2002 - Sep 2023
    Algeria (% pa) 3.14 Dec 2022 monthly Jun 2006 - Dec 2022
    Argentina (% pa) 31.80 Jul 2021 monthly Jan 1999 - Jul 2021
    Armenia (% pa) 11.20 Jan 2023 monthly Jan 2000 - Jan 2023
    Australia (% pa) 4.33 Feb 2024 monthly Jun 1969 - Feb 2024
    Austria (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Azerbaijan (% pa) 6.75 Jan 2024 monthly Dec 2002 - Jan 2024
    Bahrain (% pa) 5.39 Dec 2023 quarterly Jun 2003 - Dec 2023
    Bangladesh (% pa) 6.63 May 2023 monthly Sep 2003 - May 2023
    Belarus (% pa) 11.00 Feb 2024 monthly Apr 2003 - Feb 2024
    Belgium (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Bolivia (% pa) 5.90 Sep 2023 monthly Jan 1998 - Sep 2023
    Botswana (% pa) -0.60 Jan 2024 monthly Jan 2003 - Jan 2024
    Bulgaria (% pa) -0.05 Jun 2018 monthly Feb 2003 - Jun 2018
    Cambodia (% pa) 1.33 Feb 2024 monthly Dec 2016 - Feb 2024
    Canada (% pa) 4.91 Feb 2024 monthly Jan 1993 - Feb 2024
    China (% pa) 2.19 Feb 2024 monthly Oct 2006 - Feb 2024
    Colombia (% pa) 13.02 Jun 2023 monthly Jan 1986 - Jun 2023
    Croatia (% pa) 0.39 Dec 2019 monthly Sep 2002 - Dec 2019
    Cyprus (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Czech Republic (% pa) 5.98 Feb 2024 monthly Apr 1992 - Feb 2024
    Denmark (% pa) -0.43 Sep 2019 monthly Jun 1988 - Sep 2019
    Ecuador (% pa) 4.64 May 2023 monthly Apr 2000 - May 2023
    Egypt (% pa) 21.18 Feb 2024 monthly Jan 2001 - Feb 2024
    Estonia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    European Union (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Finland (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    France (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Georgia (% pa) 8.26 Feb 2024 monthly Feb 2008 - Feb 2024
    Germany (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Ghana (% pa) 26.35 Aug 2023 monthly Aug 1996 - Aug 2023
    Greece (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Hong Kong SAR, China (% pa) 4.68 Feb 2024 monthly Jul 1996 - Feb 2024
    Hungary (% pa) 8.27 Feb 2024 monthly Aug 1996 - Feb 2024
    Iceland (% pa) 9.80 Feb 2024 monthly Aug 1998 - Feb 2024
    India (% pa) 7.14 May 2023 monthly Sep 2015 - May 2023
    Indonesia (% pa) 6.76 May 2023 monthly Dec 1995 - May 2023
    Ireland (% pa) 1.72 Dec 2021 monthly Dec 1998 - Dec 2021
    Israel (% pa) 4.42 Feb 2024 monthly Mar 2007 - Feb 2024
    Italy (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Japan (% pa) 0.10 Feb 2024 monthly Jan 1997 - Feb 2024
    Jordan (% pa) 8.34 Feb 2024 monthly Aug 2005 - Feb 2024
    Kazakhstan (% pa) 10.50 Nov 2020 monthly Jul 2000 - Nov 2020
    Kenya (% pa) 16.14 Jan 2024 monthly Jul 1991 - Jan 2024
    South Korea (% pa) 3.72 Feb 2024 monthly Jul 2004 - Feb 2024
    Kosovo (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Kuwait (% pa) 4.31 Feb 2024 monthly Nov 2001 - Feb 2024
    Latvia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Lebanon (% pa) 120.00 Jul 2023 monthly Mar 1972 - Jul 2023
    Lithuania (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Luxembourg (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Macau SAR, China (% pa) 4.97 Jun 2023 monthly Jun 1988 - Jun 2023
    North Macedonia (% pa) 4.55 Feb 2024 monthly Jul 2007 - Feb 2024
    Malawi (% pa) 14.70 Jan 2024 monthly Jan 1983 - Jan 2024
    Malaysia (% pa) 3.56 Feb 2024 monthly Jan 1988 - Feb 2024
    Malta (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Mauritius (% pa) 3.26 Jan 2024 monthly Apr 1998 - Jan 2024
    Mexico (% pa) 11.65 Feb 2024 monthly Jan 1997 - Feb 2024
    Moldova (% pa) 8.59 Feb 2024 monthly Dec 2005 - Feb 2024
    Montenegro (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Morocco (% pa) 3.00 Feb 2024 monthly Jan 1995 - Feb 2024
    Mozambique (% pa) 17.66 Feb 2024 monthly Nov 2005 - Feb 2024
    Myanmar (% pa) 4.00 2023 yearly 1986 - 2023
    Nepal (% pa) 3.34 Feb 2024 monthly Feb 1993 - Feb 2024
    Netherlands (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    New Zealand (% pa) 5.71 Jun 2023 monthly Jan 1985 - Jun 2023
    Nigeria (% pa) 20.81 Feb 2024 monthly Jan 2010 - Feb 2024
    Norway (% pa) 1.77 Jan 2020 monthly Jan 1986 - Jan 2020
    Oman (% pa) 0.00 Dec 2023 monthly Jan 2004 - Dec 2023
    Pakistan (% pa) 22.91 Jun 2023 monthly Nov 2004 - Jun 2023
    Panama (% pa) 5.23 Feb 2024 monthly Jan 2006 - Feb 2024
    Philippines (% pa) 5.57 Feb 2024 monthly Jan 1975 - Feb 2024
    Poland (% pa) 5.86 Feb 2024 monthly Jan 1999 - Feb 2024
    Portugal (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Qatar (% pa) 6.00 Jan 2024 monthly Jul 2004 - Jan 2024
    Romania (% pa) 6.08 Feb 2024 monthly Aug 1995 - Feb 2024
    Russia (% pa) 9.71 Jul 2023 monthly Aug 2000 - Jul 2023
    Saudi Arabia (% pa) 6.23 Jan 2024 monthly Jan 2007 - Jan 2024
    Serbia (% pa) 5.69 Feb 2024 monthly Aug 2005 - Feb 2024
    Singapore (% pa) 4.06 Feb 2024 monthly Oct 1995 - Feb 2024
    Slovakia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Slovenia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    South Africa (% pa) 8.47 Feb 2024 monthly Dec 1980 - Feb 2024
    Spain (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Sri Lanka (% pa) 6.96 Jun 2020 monthly Jul 2000 - Jun 2020
    Sweden (% pa) 0.03 Jul 2020 monthly Jan 1987 - Jul 2020
    Switzerland (% pa) 1.71 Feb 2024 monthly Jul 1999 - Feb 2024
    Taiwan (% pa) 1.49 Feb 2024 monthly Oct 2005 - Feb 2024
    Thailand (% pa) 2.65 Feb 2024 monthly Jan 2005 - Feb 2024
    Turkey (% pa) 16.01 Jun 2022 monthly Aug 2002 - Jun 2022
    Ukraine (% pa) 4.32 Jan 2024 monthly Jan 2006 - Jan 2024
    United Arab Emirates (% pa) 5.24 Feb 2024 monthly Oct 2009 - Feb 2024
    United Kingdom (% pa) 0.09 Apr 2021 monthly Jan 1986 - Apr 2021
    United States (% pa) 5.25 Feb 2024 monthly Jan 1954 - Feb 2024
    Uruguay (% pa) 9.18 Feb 2024 monthly Sep 2002 - Feb 2024
    Venezuela (% pa) 43.78 Jun 2023 monthly Jan 1998 - Jun 2023
    Vietnam (% pa) 2.96 Feb 2024 monthly Jul 2004 - Feb 2024
    Yemen (% pa) 16.07 Jan 2015 monthly Dec 1995 - Jan 2015
    Zambia (% pa) 10.10 Apr 2023 monthly Jan 2006 - Apr 2023

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    Egypt Key Series

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    Includes 204 key indicators for Egypt, curated by CEIC analysts. Instant access to full history data in excel.
    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance (USD mn) -25,567.151 Jan 2024 monthly Jan 2005 - Jan 2024
    Tax Revenue (USD mn) 25,171.615 Jan 2024 monthly Jan 2005 - Jan 2024
    Tax Revenue: % of GDP (%) 5.3 2022 yearly 2005 - 2022
    National Government Debt (USD mn) 369,695.1 Jun 2022 quarterly Jun 2006 - Jun 2022
    Government Debt: % of GDP (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
    Forecast: Government Expenditure (EGP bn) 7,851.790 2028 yearly 1999 - 2028
    Forecast: Government Net Debt (EGP bn) 22,121.300 2028 yearly 1998 - 2028
    Forecast: Government Revenue (EGP bn) 5,582.910 2028 yearly 1999 - 2028
    Government Budget: ytd: Cash Deficit (EGP mn) -797,826.000 Jan 2024 monthly Jan 2005 - Jan 2024
    Government Budget: ytd: Revenue (EGP mn) 951,959.000 Jan 2024 monthly Jan 2005 - Jan 2024
    Government Budget: ytd: Expenditure (EGP mn) 1,749,784.000 Jan 2024 monthly Jan 2005 - Jan 2024
    Government Budget: ytd: Overall Fiscal Balance (EGP mn) -789,762.000 Jan 2024 monthly Jan 2005 - Jan 2024
    Government Budget: ytd: Financing (EGP mn) 484,798.000 Jun 2022 quarterly Jun 2005 - Jun 2022
    Gross Domestic Debt (EGP mn) 4,742,107.000 Jun 2020 quarterly Sep 1997 - Jun 2020
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 5.419 2028 yearly 1980 - 2028
    Trade Balance (USD mn) -2,089.0 Jan 2024 monthly Jan 1957 - Jan 2024
    Total Exports (USD mn) 3,455.0 Jan 2024 monthly Jul 1994 - Jan 2024
    Total Exports Growth (%) -10.3 Jan 2024 monthly Jul 1995 - Jan 2024
    Aluminum: Exports (USD th) 549,982.176 2022 yearly 1995 - 2022
    Exports: Medicament (USD th) 274,989.359 2022 yearly 1995 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 69,318.411 2022 yearly 1995 - 2022
    Total Imports (USD mn) 5,544.0 Jan 2024 monthly Jul 1994 - Jan 2024
    Total Imports Growth (%) -12.5 Jan 2024 monthly Jul 1995 - Jan 2024
    Imports: Medicament (USD th) 2,425,187.296 2022 yearly 1995 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 876,034.340 2022 yearly 1995 - 2022
    Total Exports to USA (USD mn) 185.067 Dec 2023 monthly Dec 2015 - Dec 2023
    Total Imports from USA (USD mn) 350.643 Dec 2023 monthly Dec 2015 - Dec 2023
    Total Exports to China (USD mn) 105.398 Dec 2023 monthly Dec 2015 - Dec 2023
    Total Imports from China (USD mn) 878.074 Dec 2023 monthly Dec 2015 - Dec 2023
    Trade Balance: USD (USD mn) -2,089.000 Jan 2024 monthly Jul 1994 - Jan 2024
    Imports: EGP (EGP mn) 188,052.000 Sep 2023 monthly Jan 1994 - Sep 2023
    Exports: National: EGP (EGP mn) 91,019.000 Sep 2023 monthly Jan 1994 - Sep 2023
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 112.8 Sep 2023 quarterly Mar 1994 - Sep 2023
    Current Account Balance (USD mn) -2,807.0 Sep 2023 quarterly Dec 1993 - Sep 2023
    Current Account Balance: % of GDP (%) 1.3 Dec 2022 quarterly Sep 2001 - Dec 2022
    Foreign Direct Investment (USD mn) 2,321.7 Sep 2023 quarterly Dec 1993 - Sep 2023
    Foreign Direct Investment: % of GDP (%) 2.1 Sep 2023 quarterly Sep 2001 - Sep 2023
    Foreign Portfolio Investment (USD mn) -523.400 Sep 2023 quarterly Dec 1993 - Sep 2023
    Foreign Portfolio Investment: % of GDP (%) -0.5 Sep 2023 quarterly Sep 2001 - Sep 2023
    Foreign Portfolio Investment: Equity Securities (USD mn) 46.0 Sep 2023 quarterly Mar 2011 - Sep 2023
    Foreign Portfolio Investment: Debt Securities (USD mn) -569.400 Sep 2023 quarterly Mar 2011 - Sep 2023
    External Debt (USD mn) 164,521.6 Sep 2023 quarterly Jun 1997 - Sep 2023
    External Debt: % of GDP (%) 40.3 Jun 2023 quarterly Jun 1999 - Jun 2023
    External Debt: Short Term (USD mn) 30,268.7 Sep 2023 quarterly Jun 1997 - Sep 2023
    External Debt: Short Term: % of GDP (%) 7.1 2023 yearly 1990 - 2023
    Forecast: Current Account Balance (USD bn) -15.999 2028 yearly 1980 - 2028
    Net International Investment Position (USD mn) -259,260.200 Sep 2023 quarterly Dec 2013 - Sep 2023
    BoP: CF: Financial Account (USD mn) 1,767.600 Sep 2023 quarterly Dec 1993 - Sep 2023
    BoP: CF: Financial Account: Direct Investment Abroad (USD mn) -112.800 Sep 2023 quarterly Mar 1994 - Sep 2023
    BoP: CA: Transfers (USD mn) 4,523.200 Sep 2023 quarterly Dec 1993 - Sep 2023
    BoP: CA: Goods and Services (USD mn) -2,744.900 Sep 2023 quarterly Dec 1993 - Sep 2023
    BoP: CF: Financial Account: Portfolio Investment Abroad (USD mn) -54.900 Sep 2023 quarterly Sep 1997 - Sep 2023
    BoP: CF: Capital Account (USD mn) 1.600 Sep 2023 quarterly Mar 2004 - Sep 2023
    BoP: CF: Financial Account: Net Portfolio Investment in Egypt (USD mn) -523.400 Sep 2023 quarterly Dec 1993 - Sep 2023
    BoP: Net Errors and Omissions (USD mn) 1,266.600 Sep 2023 quarterly Dec 1993 - Sep 2023
    BoP: CA: Goods and Services: Trade Balance (USD mn) -7,944.600 Sep 2023 quarterly Dec 1993 - Sep 2023
    BoP: CA: Goods and Services: Services (USD mn) 5,199.700 Sep 2023 quarterly Dec 1993 - Sep 2023
    BoP: CF: Financial Account: Other Net Investment (OI) (USD mn) 137.000 Sep 2023 quarterly Dec 1993 - Sep 2023
    BoP: Overall Balance (USD mn) 228.800 Sep 2023 quarterly Dec 1993 - Sep 2023
    Remittances: Inflow (USD mn) 4,516.300 Sep 2023 quarterly Sep 1999 - Sep 2023
    Foreign Direct Investment: Inflow: European Union (EU) (USD mn) 1,602.300 Jun 2023 quarterly Jun 2001 - Jun 2023
    Foreign Direct Investment: Inflow: Arab Countries: Saudi Arabia (USD mn) 114.700 Jun 2023 quarterly Jun 2001 - Jun 2023
    Foreign Direct Investment: Inflow: United States of America (USD mn) 568.800 Jun 2023 quarterly Jun 2001 - Jun 2023
    Foreign Direct Investment: Inflow: Other Countries: China (USD mn) 318.600 Jun 2023 quarterly Dec 2005 - Jun 2023
    Foreign Direct Investment: Inflow: Arab Countries: Kuwait (USD mn) 181.100 Jun 2023 quarterly Jun 2001 - Jun 2023
    Foreign Direct Investment: Net: United States of America (USD mn) 141.300 Jun 2023 quarterly Sep 2021 - Jun 2023
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 3.3 Sep 2023 quarterly Mar 2011 - Sep 2023
    Household Debt: % of GDP (%) 8.1 Sep 2023 quarterly Dec 2002 - Sep 2023
    Money Supply M1 (USD mn) 79,025.575 Jan 2024 monthly Jan 1996 - Jan 2024
    Money Supply M2 (USD mn) 291,013.338 Jan 2024 monthly Jan 1996 - Jan 2024
    M2 Growth (%) 16.6 Jan 2024 monthly Jan 1997 - Jan 2024
    Reserve Requirement Ratio (%) 18.0 Feb 2024 monthly Jan 2012 - Feb 2024
    Foreign Exchange Reserves (USD mn) 24,472.4 Feb 2024 monthly Dec 2004 - Feb 2024
    Foreign Exchange Reserves: % of GDP (%) 6.424 Sep 2023 quarterly Dec 2004 - Sep 2023
    Foreign Exchange Reserves: Months of Import (NA) 4.4 Apr 2023 monthly Dec 2004 - Apr 2023
    Gold Reserves (USD mn) 8,323.000 Feb 2024 monthly Dec 1956 - Feb 2024
    Total Deposits (USD mn) 319,301.567 Oct 2023 monthly Jun 2004 - Oct 2023
    Total Deposits Growth (%) 21.0 Oct 2023 monthly Jun 2005 - Oct 2023
    Domestic Credit (USD mn) 328,200.1 Jan 2024 monthly Jan 1996 - Jan 2024
    Domestic Credit Growth (%) 25.9 Jan 2024 monthly Jan 1997 - Jan 2024
    Household Debt (USD mn) 31,048.7 Jan 2024 monthly Dec 2002 - Jan 2024
    Total Loans (USD mn) 167,679.483 Oct 2023 monthly Apr 1996 - Oct 2023
    Total Loans Growth (%) 32.75 Oct 2023 monthly Apr 1997 - Oct 2023
    Private Debt: % of Nominal GDP (%) 25.46 Sep 2023 quarterly Jun 2002 - Sep 2023
    Reserve Money: M0 (EGP mn) 1,652,731.000 Jan 2024 monthly Jan 1996 - Jan 2024
    Counterpart Assets: DA: Credit (EGP mn) 10,138,102.000 Jan 2024 monthly Jan 1996 - Jan 2024
    Domestic Liquidity: M2 (EGP mn) 8,989,402.000 Jan 2024 monthly Jan 1996 - Jan 2024
    Domestic Liquidity: M2: Money Supply (M1) (EGP mn) 2,441,100.000 Jan 2024 monthly Jan 1996 - Jan 2024
    Domestic Liquidity: M2: Quasi Money (QM) (EGP mn) 6,548,302.000 Jan 2024 monthly Jan 1996 - Jan 2024
    International Reserves: Net (USD mn) 35,311.000 Feb 2024 monthly Jan 1996 - Feb 2024
    International Reserves: Gross Official Reserves: Foreign Currency (USD mn) 26,942.000 Feb 2024 monthly Nov 2004 - Feb 2024
    Banks Deposits: excl Central Bank of Egypt (CBE) (EGP mn) 9,885,614.000 Oct 2023 monthly Apr 1996 - Oct 2023

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